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JGBS AUCTION: *Correct* The Japanese Ministry of Finance (MOF) sells Y499.7bn of
15.5-39 Year JGBs in a liquidity enhancement auction:
- Average Spread: 0.028% (prev. -0.001%)
- High Spread: 0.037% (prev. 0.005%)
- % Allotted At High Spread: 30.4832% (prev. 70.9090%)
- Bid/Cover: 1.839x (prev. 2.261x)